MAY 3.85% 2.7¢ melbana energy limited

Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-816

  1. 1,309 Posts.
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    It has been eight days since last announcement

    "The forward plan is now to suspend the well, after pulling the pressure gauges and DST string, gather all available data, and build an optimum remediation plan based upon all new data, previous drilling experience, and international and local expert knowledge."


    It would be ridiculous to expect there would be an announcement of a formalization of a remediation plan, in such a relatively short period - I for one prefer that they take their time ans come up with the right answer.

    What is expected is an announcement of the latest flow testing for 1B in the first well - it was reported by PAC partners that this would commence almost immediately flow testing for production
 
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